The May Index of Consumer Sentiment was released and is at its highest level since June of 2015. Richard Curtin said in a statement, “”To be sure, the data still indicated the negative impact of uncertainty about future economic policies associated with the Presidential election, but its overall impact was overwhelmed by favorable economic developments.” Here is a small sample of the news coverage:

• NBC: Retail Sales Post 1.3 Percent Gain as Consumer Confidence Soars
• Bloomberg: Consumer Sentiment in U.S. Jumps to Highest Level in a Year
• CNBC: Consumer Sentiment Hits 95.8 in May vs. 90 Estimate
• Wall Street Journal: U.S. Consumer Confidence Rebounds in May
• Nasdaq: U.S. Consumer Sentiment Jumps More than Expected in May
• EconomyWatch: Retail Sales Rebound Hints at Improving U.S. Economy